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ForeX Trading for Maximum Profit
Monday, January 23rd, 2012Read the rest of this entry »
Who said ” you can’t teach an old dog a new trick? ” I have read many many books over the years on markets of various types. Though I have not traded the 24 hours Forex market, I have traded the currency markets as well as the futures, stocks and options. I have been student of all kinds of systems, Fibonacci and Elliot Wave, Gann - have used dozens of indicators, yet I am always looking for something more to learn. I figure that if I can learn just a bit more I may become a better trader.
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Parabolic SAR
Sunday, October 15th, 2006Another technical analysis indicator for forex trader is Parabolic SAR ,
basicly its use to determine the best time to enter or exit market. An intersection of the price with parabola is taken as signal to reserve the current trading position ( go from long to short)
To add this indicator, right click on chart: Indicators > Parabolic SAR, and make it default setting for best read this indicator
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